Cycurion and iQSTEL Partner to Boost Cybersecurity Market Presence
New York, Wednesday, 19 February 2025.
Cycurion and iQSTEL form a partnership to enhance cybersecurity solutions, addressing compliance needs and leveraging growth in high-margin markets, indicating a strategic move in industry expansion.
Strategic Alliance Formation
On February 18, 2025, Cycurion (NASDAQ: CYCU) and iQSTEL announced their exclusive partnership to deliver comprehensive cybersecurity solutions [1]. This collaboration comes at a crucial time as iQSTEL undergoes a significant transformation, having rebranded in January 2025 to position itself as a diversified global technology corporation [4]. The partnership particularly targets the U.S. telecommunications industry with plans for international expansion [1].
Company Profiles and Expertise
Cycurion, headquartered in McLean, Virginia, brings substantial credibility to the partnership through its recognition by major U.S. government agencies including FEMA and TSA [1]. Meanwhile, iQSTEL operates across 17 time zones with seven global offices, demonstrating its extensive reach in telecommunications, fintech, electric vehicles, and AI-driven solutions [1]. The company has shown impressive growth through eleven acquisitions since 2018 [1], and projects significant revenue growth, forecasting $290 million for FY-2024 with an ambitious target of $1 billion by 2027 [1].
Service Offerings and Market Impact
The partnership will focus on delivering critical cybersecurity services, including 24/7 security monitoring, real-time threat detection, incident response, and regulatory compliance solutions [1]. Kevin Kelly, Chairman and CEO of Cycurion, emphasized this partnership as a ‘pivotal moment’ in the company’s growth trajectory, particularly in protecting critical infrastructure [1]. iQSTEL’s CEO, Leandro Iglesias, reinforced the partnership’s significance, stating that ‘cybersecurity is no longer optional—it’s a fundamental necessity for our clients’ [1][4].
Future Growth and Development
Looking ahead, iQSTEL is actively pursuing a NASDAQ uplisting [4], which could further strengthen the partnership’s market position. The company has committed to avoiding a reverse stock split until after achieving its NASDAQ listing, demonstrating a focus on maintaining shareholder value [4]. This strategic alliance positions both companies to capitalize on the rising global demand for cybersecurity solutions [1], while addressing critical challenges such as regulatory compliance needs and the shortage of security professionals [1].